National Affordable Housing Management Association Statement of Activities - Summary For the Ninth Month Ending September 30, 2014

Transcription

1 Statement of Activities - Summary Revenue Membership Dues $ 210 $ 558,691 $ 540,200 $ 18,491 $ 540,200 $ 573,953 Meetings & Education 29, , ,300 35, , ,418 Publications 56, ,658 89,871 39, ,000 96,119 Certification 39, , ,529 (6,779) 528, ,097 Regulatory & Legislative - 20,000 20,000-20,000 20,000 Other Income 6,884 94,255 92,795 1,460 93,300 99,067 Total Revenue 132,063 1,362,219 1,273,695 88,524 1,631,500 1,390,653 Expenses Meetings & Education , ,750 46, , ,477 Publications 23, , ,738 8, , ,196 Certification 16, , ,219 6, , ,947 Regulatory & Legislative 5,000 14,751 14, ,000 6,823 Management & General 75, , ,948 (2,845) 1,028, ,106 Total Expenses 121,081 1,190,974 1,130,655 60,319 1,630,050 1,098,549 Change in Net Assets from Operations 10, , ,040 28,205 1, ,104 Budgeted Cont. to Reserves ,450 - Change in Net Assets $ 10,983 $ 171,245 $ 143,040 $ 28,205 0 $ 292,104

2 Statement of Activities - Detail Revenue Membership Dues Executive Members $ - $ 232,000 $ 221,850 $ 10,150 $ 221,850 $ 233,450 Executive Members II - 34,200 25,650 8,550 25,650 28,500 Executive Members III - 16,100 14,950 1,150 14,950 14,950 Associate Members - 40,360 44,800 (4,440) 44,800 42,000 Affiliate Members - 70,425 70, ,200 72,300 Subscriber Members , ,750 2, , ,753 Total Membership Dues , ,200 18, , ,953 Meetings & Education Winter Meeting - 48,765 45,000 3,765 45,000 56,790 Summer Meeting - 9,710 13,000 (3,290) 13,000 10,230 Fall Meeting 27,730 37,610 35,300 2,310 38,000 30,225 Meeting-Summer Mtg.Events - 30,000-30,000-40,000 Meeting Sponsorship 640 5,650 5, ,000 3,665 Travel 1,277 12,130 10,000 2,130 10,000 9,508 Total Meetings & Education 29, , ,300 35, , ,418 Publications Calendar Prior Year ,615-4,615-3,146 Calendar Current Year ,915 51,915 32,000 19, ,500 31,174 Green Housing Books (627) 1,000 2,110 Advertising & Sponsorships 3,795 71,515 56,000 15,515 56,000 57,670 SHCM Study Guide 409 1, ,000 1,208 Insurance & Risk Management (307) HUD Handbook Total Publications 56, ,658 89,871 39, ,000 96,119 Certification NAHPe - Renewal ,315 41,000 (1,685) 41,000 42,740 NAHP Application 1,040 2,920 2,997 (77) 4,000 2,840 CPO-FHC Retest NAHP Renewal - 15,745 14,000 1,745 14,000 13,785 CPO Renewal 1, , ,000 18, , ,698 SHCM App,Ren& Exams 6,386 59,360 58,000 1, ,000 53,913 CPO Course 5,704 39,709 62,000 (22,291) 73,000 62, /Fair Housing Course 1,513 11,507 30,000 (18,493) 32,000 32,849 COQ Applications 4,000 8,225 11,500 (3,275) 12,000 10,725 COQ Renewals 15,700 35,300 35, ,000 42,200 COQ Merchandise (180) Other Cert - Adv. Issues in Occupancy - 6,250-6, GCPM ,740 19,500 6,240 21,000 24,975 Maint. Credential 2,100 4, ,853 1,000 4,890 Vanguard Awards - 1,944 1, ,000 1,500 Total Certification 39, , ,529 (6,779) 528, ,097 Regulatory & Legislative Legislative & Regulatory Cont. - 20,000 20,000-20,000 - Total Regulatory & Legislative - 20,000 20,000-20,000 20,000 Other Income Interest (146) Dividend 823 3,444 1,570 1,874 2,000 3,577 Reimburs FDTN (Costshare&Act.) - 12,000 12,000-12,000 12,087 Other - Income (inc. Career Cen.) 892 5,531 4,000 1,531 4,000 4,206 HD Supply Program - 37,216 40,000 (2,784) 40,000 37,099 Insurance Program 5,160 35,984 35, ,000 42,026 Total Other Income 6,884 94,255 92,795 1,460 93,300 99,067 Total Revenue 132,063 1,362,219 1,273,695 88,524 1,631,500 1,390,653

3 Statement of Activities - Detail Expenses Meetings & Education Fall Meeting ,000 - Winter Meeting - 63,965 63, ,000 71,813 Summer Meeting - 47,509 42,000 5,509 42,000 44,381 Meeting-Summer Mtg.Events - 40,000-40,000-50,000 Sponsorship Expense 224 1,978 1, ,750 1,283 Strategic Planning Total Meetings & Education , ,750 46, , ,477 Publications Calendar - Prntg & Production 2,383 4,680 5,000 (320) 45,000 4,660 Calendar Shipping 1,200 1,824 2,000 (176) 23,000 1,846 Newsletters 6,681 76,573 74,997 1, ,000 69,486 Directories - 1,572 2,000 (428) 2,000 1,423 Calendars Rebates & Commissions 13,599 38,819 30,000 8,819 93,000 28,789 Other Publications Insurance & Risk Management (75) SHCM Study Guide (258) Green Housing Books (296) 500 2,670 Total Publications 23, , ,738 8, , ,196 Certification Vanguard Awards - 1,477 2,000 (523) 2,000 1, /Fair Housing Course 668 3,390 5,000 (1,610) 6,000 4,164 CPO Course 1,681 7,612 15,100 (7,488) 17,000 9,518 SHCM 4,983 44,704 42,000 2,704 80,000 41,895 NAHP Program Expense ,814 8,000 4,814 8,000 7,884 Course Dev. (Incl. Certify Trainer) - - 3,100 (3,100) 4,000 - COQ Ren./App. Rebate 8,100 18,800 19,250 (450) 22,000 24,325 COQ Merchandise (369) Maint. Credential 209 1, , Course Dev. And Updates CGPM ,790 10,000 3,790 10,500 12,733 Adv. Issues in Occupancy (26) 7,826-7, Total Certification 16, , ,219 6, , ,947 Regulatory & Legislative Legislative & Regulatory 5,000 14,751 14, ,000 6,823 Total Regulatory & Legislative 5,000 14,751 14, ,000 6,823 Management & General Salaries 45, , ,000 (10,221) 580, ,520 Temp. Salaries ,258 Payroll Taxes 2,528 29,503 31,500 (1,997) 42,000 30,730 Workers Compensation - 1,331 1,500 (169) 1,500 1,292 Health Insur. & Empl. Benefits 6,887 73,312 81,690 (8,378) 105,000 68,452 Dues & Subscriptions ,184 9,500 1,684 11,000 7,352 Telephone & Communications 1,587 14,986 13,500 1,486 18,000 13,228 Membership Development (590) 1,000 - Sales & Use Taxes (90) Business Property Taxes 1,904 2,231 2, ,000 1,923 Parking/Trans ,400 6, ,000 5,646 Travel 2,519 26,363 21,236 5,127 22,000 26,447 Entertainment & Meals - 1, , Payroll Service 141 1,405 1, ,500 1,191 Accounting/Bookkeeping ,000 (22) 1, Audit/Tax Return Prep - 6,000 6,000-6,000 5,700 Legal - Operations ,000 1,433 Liability Insurance - 4,925 5,000 (75) 8,500 4,669 Rent - Office 4,920 44,241 47,350 (3,109) 64,000 43,035 Rent - Equipment 1,281 9,765 9, ,000 7,951 Tech Support 2,406 31,915 30,000 1,915 35,000 30,472 Web Site Maintenance ,667 31,400 6,267 36,000 4,062 Office Supplies & Expense ,273 9,747 4,526 13,000 8,974 Bank Charges 1,400 12,850 10,400 2,450 13,000 12,259 Depreciation 1,598 14,322 14,994 (672) 20,000 12,514 Public Relations 125 2,885 4,500 (1,615) 6,000 12,957 Shipping/Postage 236 5,620 6,600 (980) 10,000 5,845 Other Management & General 172 6,644 6,750 (106) 9,000 8,317 Total Management & General 75, , ,948 (2,845) 1,028, ,106 Total Expenses 121,081 1,190,974 1,130,655 60,319 1,630,050 1,098,549

4 Statement of Activities - Detail Change in Net Assets from Operations 10, , ,040 28,205 1, ,104 Non Operating Income/Expense Budgeted Cont. to Reserves ,450 - Change in Net Assets $ 10,983 $ 171,245 $ 143,040 $ 28, $ 292,104

5 Statement of Financial Position - Summary as of September 30, 2014 Assets Cash $ 708,700 $ 670,805 Investment (CDs) 551, ,422 Accounts Receivable 68,846 98,407 Due from NAHMA Educational Foundation 11,007 10,245 Fixed Assets, net of accumulated depreciation of $35,783 and $58,101 respectively. 21,108 30,236 Other Current Assets 51,945 41,134 Total Assets $ 1,413,001 Liabilities and Net Assets Current Liabilities Accounts Payable 24,188 16,892 Due to NAHMA Ed. Foundation 1, Accrued Payroll & Leave 12,677 12,677 Rebates Payable 42,241 30,110 SHCM Liability 1,249 1,029 CGPM Sales Tax Payable 3 - Deferred Revenue - FDN 11,007 10,245 Deferred Revenue - Other 25,800 - Total Current Liabilities $ 119,456 $ 71,921 Long Term Liabilities Net Assets Net Assets, Beginning of the Year 1,122, ,224 Change in Net Assets 171, ,104 Net Assets, End of the Period 1,293,546 1,237,328 Total Liabilities and Net Assets $ 1,413,001

6 Statement of Financial Position - Detail as of September 30, 2014 Assets 9/30/2014 9/30/2013 Cash Petty Cash $ 300 $ 300 Signature Adv. Cash Mgmt. 608, ,268 Legislative 100, ,237 Total Cash 708, ,805 Investment Investment (CDs) 551, ,422 Total Investments 551, ,422 Accounts Receivable Certification Calendar 52,910 31,658 Books 33 - Education 8,967 59,714 Meetings 2, Advertising 2,633 4,085 Travel 1,277 2,479 A/R due from NAHMA EF 11,007 10,245 Total Accounts Receivable 79, ,652 Fixed Assets Equipment & Furniture 114, ,544 Accumulated Depreciation (93,812) (75,307) Total Fixed Assets 21,108 30,236 Other Current Assets Prepaid Insurance 7,069 7,031 Deposits 4,016 4,016 Other Prepaids & Assets 40,860 30,087 Total Current Assets 51,945 41,134 Total Assets $ 1,413,001 Liabilities and Net Assets Current Liabilities Accounts Payable 24,188 16,892 Due to NAHMA Ed. Foundation 1, Accrued Payroll & Leave 12,677 12,677 Rebates Payable 42,241 30,110 SHCM Liability 1,249 1,029 CGPM Sales Tax Payable 3 - Deferred Revenue - FDN 11,007 10,245 Deferred Revenue - Other 25,800 - Total Current Liabilities 119,456 71,921 Long Term Liabilities Long Term Liabilities Net Assets Net Assets, Beginning of the Year 1,122, ,224 Change in Net Assets 171, ,104 Net Assets, End of the Period 1,293,546 1,237,328 Total Liabilities and Net Assets $ 1,413,001